The European Commission has included P2X Solutions’ plan to build a green hydrogen and synthetic methane production facility on its list of Important Projects of Common European Interest (IPCEI). P2X Solutions is a frontrunner in Finland’s clean energy market.
P2X Solutions plans to build a facility to generate renewable synthetic methane and a green hydrogen production capacity of 70 MW as part of its proposal.
There is greater leeway in how European states fund IPCEI initiatives. Projects funded by IPCEI work to have the greatest possible impact on the European hydrogen value chain, scientific community, and everyday life.
P2X Solutions’ first commercial green hydrogen and renewable synthetic methane production plant site is ready for development. The Harjavalta facility is expected to be finished in 2024. The company is now in talks with Savon Voima about building a hydrogen and e-fuel production facility in Joensuu as part of the IPCEI project. By 2031, P2X Solutions hopes to have achieved its target of one thousand megawatts (MW) of electrolysis capacity.
